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Another year, another all-time high for fibre cement manufacturer James Hardie. The stock hit $24 last month, although it’s been a wild ride since our review of the 2017 annual result. Indeed, the stock fell to $17 as recently as September last year – not a million miles away from our $15 Buy price.

Share price gyrations of this magnitude are of course perfectly normal – and they’re why the stock market serves up buying opportunities occasionally. However, as we said in the last...

With the decline in activity (and subsequently employment) in the mining industry, I feel that the government (which every party gets into power) will be looking to improve output in other sectors of the economy and I feel that a primary benefic...

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